Eurozone December Trade Surplus Below Forecast

Eurozone's merchandise trade surplus for December cam in below economists' expectations, as exports decreased, while imports were unchanged, figures from the statistical office Eurostat showed on Friday.

Trade with the euro area countries shrunk 1.2 percent year-on-year in December.

In the January to December period, the trade surplus decreased to EUR 194.2 billion from EUR 234.9 billion a year ago. Exports grew 3.7 percent year-on-year and imports rose 6.2 percent. Intra-euro area trade rose 5.2 percent.

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